Instt. on late return filers

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69 Points Posted on 09 May 2020
What is the rate of interest on returns late FILED.
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On 09 May 2020 at 07:31 Report
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This discussion clarifies the interest rate applicable to late-filed GST returns, which is 18% per annum. It also addresses a specific scenario involving a missed outward supply in December 2019 that was rectified in April 2020, confirming that interest is payable for the period between December 2019 and April 2020.

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210 Points Posted on 09 May 2020
Gst return or income tax returns ??
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On 09 May 2020 at 08:31
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69 Points Posted on 09 May 2020
GST RETURNS
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On 09 May 2020 at 08:47
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137 Points Posted on 09 May 2020
It will be 18 % per annum.
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On 09 May 2020 at 08:54
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81 Points Posted on 09 May 2020
Sir,
One small doubt any error and omissions rectify the f.y.2019 - 2020 , september 2020 returns i.e.20.10.2020.missing outward supply for the month of dec-19 shown in april 2020 this situation paid interest sir?
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On 09 May 2020 at 12:02
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137 Points Posted on 09 May 2020
Int for the period between April 2020 and Dec 2019 would be payable.
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On 09 May 2020 at 14:11

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